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Jurer Industries is considering expanding its products to include a new product. The cost of the expansion is 150 million yen. The expansion will cause

Jurer Industries is considering expanding its products to include a new product. The cost of the expansion is 150 million yen. The expansion will cause after-tax cash flows to rise by 28 million yen for the next 10 years. The required rate of return is 7 percent. The project's payback period and discounted payback periods expressed in years closest to:

Question 8 options:

5.4 years and 8.1 years, respectively

5.4 years and 6.9 years, respectively

4.4 years and 5.4 years, respectively

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